Business News

Wärtsilä Expands Engine Production Capacity by Another 30 Percent

Published May 25, 2026 11:21 PM by The Maritime Executive

Demand for diesel engines is growing so quickly that technology group Wärtsilä is planning to expand production capacity by anothe...

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Maersk Center Downsizes Amidst Uncertainty on Path to Decarbonization

Published May 21, 2026 9:54 PM by The Maritime Executive

Amidst uncertainty about the form and timing of shipping's green transition, the A.P. Moller Foundation's Maersk Mc-Kinney Møller...

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Baleària Completes Canary Islands Acquisition from Armas Trasmediterránea

Published May 21, 2026 8:45 PM by The Maritime Executive

Baleària, Spain’s leading maritime passenger and freight transport company, has completed the first phase of the planned acquisiti...

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US Supreme Court Rules Cruise Lines Can Be Sued Under Cuban Libertad Act

Published May 21, 2026 6:09 PM by The Maritime Executive

The United States Supreme Court handed down its ruling saying four cruise lines could be sued for their use of the pier in Havana,...

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DNV Study Suggests Possibility of Eliminating Efficiency Loss From Fouling

Published May 21, 2026 4:51 PM by The Maritime Executive

When evaluating the antifouling properties of a hull coating - and the corresponding fuel savings that an operator can expect to a...

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Dali Civil Trial to Begin June 1 After Judge Denies Motion to Delay

Published May 21, 2026 3:14 PM by The Maritime Executive

The civil liabilities case against the owners and operators of the containership Dali will commence on June 1, as scheduled, a U.S...

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Indonesia Imposes Commodity Export Controls to Fight Tax Evasion

Published May 20, 2026 5:24 PM by The Maritime Executive

Indonesia's government is making an unusual move to centralize control over the export of commodity products, notably palm oil to...

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Senate Confirms Robert Harvey to Fill Last Vacant FMC Commissioner Postion

Published May 19, 2026 6:27 PM by The Maritime Executive

Eight months after being nominated by the White House to fill a vacancy on the Federal Maritime Commission, Robert Harvey, a lawye...

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Grace Ocean and Synergy Marine Petition Court to Delay Dali Civil Trial

Published May 18, 2026 5:19 PM by The Maritime Executive

With just over two weeks until the scheduled start of the civil trial over the civil liabilities from the containership Dali destr...

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Bosuns and Seamen Call Strike Against Iceland’s Eimskip

Published May 18, 2026 4:37 PM by The Maritime Executive

Eimskip, a niche shipping company based in Iceland that maintains service connecting Iceland and the Faroe Islands to Europe, repo...

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